Kao Fong Machinery Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2019
May 13, 2019 at 02:18 pm EDT
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Kao Fong Machinery Co. Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 469.078 million compared to TWD 660.214 million a year ago. Operating loss was TWD 8.102 million compared to operating Income of TWD 6.611 million a year ago. Net loss was TWD 1.429 million compared to net income of TWD 1.616 million a year ago. Basic loss per share was TWD 0.01 compared to basic earnings per share of TWD 0.01 a year ago. Diluted eps was TWD 0 compared to TWD 0.01 a year ago.
KAO FONG MACHINERY CO., LTD is a Taiwan-based company principally engaged in the manufacture and distribution of machine tools and machinery equipment. The Company's products mainly consist of vertical machining centers, horizontal machining centers, as well as gantry-type processing centers. The Company's products are applied in the processing of precision metal components, automotive components, electronic components, molds, semiconductor products and others. The Company distributes its products in Taiwan, the Americas and the rest of Asia.